2024 HRK to IDR Historical Review

YEARLY HIGH

2357.6290 IDR

YEARLY LOW

2202.9917 IDR

YEARLY AVERAGE

2277.7978 IDR

2024 HRK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 2357.6290. Conversely, the yearly low was recorded on November 24, dropping to 2202.9917.

This high-to-low spread represents a total annual volatility of 154.6373 IDR. From a start-to-finish perspective, comparing the January average rate of 2261.3485 to the December average rate of 2232.8055, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2357.6290 was up 3.82% compared to the 2023 peak of 2270.9468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HRK based on timing:

Yearly Peak High 11,788,145 IDR

2023 Average 10,939,581 IDR

Yearly Trough Low 11,014,958 IDR

Transaction Impact: A difference of 773,186.33 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2351.0276

2222.0580

JanuMarcMayJulySeptNove

HRK to IDR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2284.1831, compared to 2271.4124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7707 points.

H1 Avg (Jan–Jun) 2284.1831

H2 Avg (Jul–Dec) 2271.4124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 84.7629 IDR (High: 2287.7546 / Low: 2202.9917). On the other end, January was the most stable month, with a tight range of 25.6917 IDR (High: 2277.2333 / Low: 2251.5416).

November Spread (Volatile) ±84.7629

January Spread (Stable) ±25.6917

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 44.4506 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -44.4506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2304.8131) against the same month in 2023 (average: 2210.0246), the exchange rate shifted by +94.7885 (+4.29%).

2024 Avg (August) 2304.8131

2023 Avg (August) 2210.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2277.2333	2251.5416	2261.3485
February	2270.6962	2228.2047	2243.7670
March	2281.9433	2252.3799	2266.6393
April	2309.8427	2268.0697	2291.5552
May	2340.4899	2281.1125	2305.1176
June	2355.5953	2322.1131	2336.6710
July	2353.7900	2324.7518	2340.2801
August	2357.6290	2274.3383	2304.8131
September	2284.8665	2241.0638	2260.3625
October	2294.2682	2231.5723	2256.9519
November	2287.7546	2202.9917	2233.2614
December	2247.4223	2218.4282	2232.8055